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Chevron to Sell Oil Sands, Shale
Chevron to Sell Oil Sands, Shale to Canadian Natural Resources in $6.5 Billion Deal
Chevron has agreed to sell its interest in the Athabasca oil sands project and Duvernay shale in a $6.5 billion deal, it said Monday. The all-cash transaction, which is expected to close in the fourth quarter,
Chevron Announces US$6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale
Chevron Canada Limited, an indirect subsidiary of Chevron Corporation ("Chevron"), announced today that it and a related entity have entered into a definitive agreement to sell their 20 percent non-operated interest in the Athabasca Oil Sands Project,
Chevron to Sell Oil Sands Stakes to Canadian Natural in $6.5B Deal
Chevron Canada Ltd. announced Monday that it has agreed to sell its stakes in the Athabasca Oil Sands Project and the Duvernay shale to Canadian Natural Resources Ltd. for $6.5 billion. This all-cash transaction is part of Chevron’s broader divestment strategy to optimize its global energy portfolio,
22h
Chevron's $6.5 Billion Deal Will Further Fortify Its Financial Foundation
The oil company's fortress-like balance sheet is about to get even stronger. Chevron has agreed to sell its Canadian assets ...
Morningstar
2d
Chevron to Sell Oil Sands, Shale Assets to Canadian Natural for $6.5 Billion — Update
Chevron Canada, a subsidiary of the San Ramon, Calif., oil major, said Monday it agreed to sell its 20% interest in the Athabasca Oil Sands Project and a 70% interest in the
Duvernay
shale
. Both ...
Business Times
1d
Chevron sells Canadian oil sands, shale assets for US$6.5 billion
CHEVRON agreed to sell its stakes in some oil sands and shale assets to Canadian Natural Resources for US$6.5 billion. Read ...
Crude Oil Prices
1d
Chevron to Sell Canadian Oil Sands and Shale Assets for $6.5 Billion
Chevron sold its oil sands and shale assets in Canada to Canadian Natural Resources for $6.5 billion as part of its portfolio optimization strategy.
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Related topics
Chevron Corporation
Athabasca oil sands
Canadian Natural Resources
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